Which of the Following Is True

question 52

Multiple Choice

Which of the following is true?

• A)Accounts receivable fall as companies sell on credit.
• B)Accounts receivable rise as companies receive payment.
• C)Receivables turnover refers to how fast receivables are collected.
• D)All of the answers are acceptable.

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Definitions:

Legitimate

Something lawful, genuine, or recognized as correct or proper by relevant standards or authorities.

Online Poll

A survey conducted over the Internet to collect data or opinions from respondents.

News Source

A news source is an individual, publication, or other entity that provides news and information, playing a crucial role in journalism by offering facts, data, and perspectives on various events or topics.

Probability

The chance or risk of a particular event happening, represented as a fraction of total possible outcomes.